921 Penrose RoadPenrose NSW 2579
Property Details for 921 Penrose Rd, Penrose
Last Listing description (May 2019)
Centrally located in the charming village of Penrose is this large level parcel of land offered to the market for the first time in many years and open to various purchase options. The land is currently subdivided into two parcels, one being 5 acres and the other larger lot sitting at 23 acres.
The 5 acre parcel comes with street frontage, a rather run down clad home and various outbuildings in various stages of repair. The land is level and heavily treed but able to be cleared with minimal fuss. Zoned E3 this parcel is asking $395,000. The 23 acre parcel also offers street frontage and is zoned both E3 and R2 low density with subdivision a real possibility. Again a level block, whilst heavily treed there are some lovely sun filled open areas of land with some good stands of trees. Various outbuildings are dotted over this property also. This larger parcel is asking $495,000.
The third option in this sale is to buy the property as a whole, vendor will negotiate on this.
Great bike riding, walking trails located in Penrose State Forest and village on the cusp of great things.
Property History for 921 Penrose Rd, Penrose, NSW 2579
- 30 May 2019Sold for $749,999
- 10 May 2019Listed for Sale Sold - $750,000
- 02 Jan 2018Sold
Commute Calculator
Recent sales nearby
See more recent sales nearby
About Penrose 2579
The size of Penrose is approximately 46.3 square kilometres. It has 3 parks covering nearly 36.3% of total area. The population of Penrose in 2011 was 284 people. By 2016 the population was 262 showing a population decline of 7.7% in the area during that time. The predominant age group in Penrose is 60-69 years. Households in Penrose are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrose work in a professional occupation. In 2011, 76.5% of the homes in Penrose were owner-occupied compared with 78.4% in 2016.
Penrose has 189 properties. Over the last 5 years, Houses in Penrose have seen a 44.44% increase in median value, while Units have seen a -3.91% decrease. As at 31 July 2024:
- The median value for Houses in Penrose is $1,130,498 while the median value for Units is $554,309.
Suburb Insights for Penrose 2579
Market Insights
Penrose Trends for Houses
N/A
N/A
View TrendN/A
N/A
Penrose Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
